Income tax 143(2) security transaction

Page no : 2

Aaaaaa (student) (186 Points)
Replied 28 August 2017

kindly reply

neeraj gupta (1138 Points)
Replied 28 August 2017

The notice will not be void. But the AO should note that you have not tried to hide any income. Also ask the AO that you want to revise your return and declare losses on the return if you had filed before due date and Assessment is still open. Make the best use of the situation to your advantage. 



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